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Hungary‘s central bank to buy the ‘Whale’

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The National Bank of Hungary (MNB) sent a letter of intent to the Budapest City Council to purchase the “Whale”, a cultural, recreational and commercial center on the bank of Danube on the Pest side, the MNB said on its website this weekend.

The central bank is planning to establish an education and financial center in the facility, which could also host a visitor center for the MNB and a museum on the history of money, Hungarian news agency MTI reported today.

After the purchase, the central bank is also planning to house Corvinus Universityʼs National Bank of Hungary Department in the building, to be established under an agreement signed in July of this year between the two institutions, the MNB added.

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